ARC Advisory Group Names SAP Global Trade Compliance Market Share Leader

WALLDORF SAP SE (NYSE: SAP) today announced that independent analyst firm ARC Advisory Group has positioned SAP as the market share leader in “Global Trade Compliance Systems Worldwide Market Research Study — Market Analysis and Forecast Through 2023.”

“How effectively organizations manage global trade in today’s rapidly changing environment will directly impact a company’s success,” said Martin Naraschewski, SAP general manager and global head of line of business Finance & Risk. “The SAP Global Trade Services (SAP GTS) application provides the platform necessary to allow organizations to scale globally yet remain nimble and compliant regionally.”

The report ranked SAP number one overall, based on revenues. SAP was named leader in select categories, such as Tier 1 companies, EMEA and Asia geographical regions, and industries including chemicals, electronics and electrical, food and beverage, oil and gas, pharmaceutical and biotech, and retail.

“SAP’s GTC solution, SAP GTS, enables enterprises to automate and streamline complex import and export processes — to ensure full regulatory compliance, expedite customs clearance, take full advantage of international trade agreements and mitigate the financial risk of global transactions,” wrote Clint Reiser, ARC director of Supply Chain Research.

To learn more visit www.sap.com/gts.

Visit the SAP News Center. Follow SAP on Twitter at @sapnews.

Media Contact:
Susan Miller, +1 (610) 661-9225, susan.miller@sap.com, ET
SAP News Center press room; press@sap.com

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2019 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.